The company's Galaxy Upcycling at Home program will allow consumers to repurpose their older phones into IoT devices, such as childcare monitors and light sensors.
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South Korea's IT ministry has said that the local Internet of Things (IoT) market grew 28 percent last year to become worth $4 billion.
SK Telecom and Dongyang ENP will launch a service that reads the usage of household solar power stations in real time using a LoRa IoT network.
Samsung will not make automobiles and stay a tier-1 components supplier after its $8 billion purchase of Harman, senior executives of both companies stressed.
Samsung has released two new modules in its Internet of Things (IoT) ARTIK platform, ARTIK 0 and ARTIK 7, while adding new device management capabilities in its accompanying cloud service.
South Korean startup Nare IoT Lab has developed an arc fault fire prevention system based on IoT technology that will allow farmers to protect livestock.
Samsung says it will increase its chip competence and offer security and the cloud for customers to secure market share ahead of competitors such as Intel and Qualcomm.
Samsung Pay executive vice president has revealed wider deployment plans for the mobile payment service, as well as its future strategy to show that it is not the 'other guy' to Apple Pay and Android Pay.
KakaoTaxi will reportedly raise 500 billion won in exchange for 30 percent equity.
Costing only 2,000 won ($1.75) for 100MB of data per month, SK Telecom hopes the price competitive IoT-dedicated network will create new services in the emerging area.